Print Archive | The University of Chicago Business Law Review

Article

Volume 2.1

A Critique of The American Law Institute’s Draft Restatement of the Corporate Objective

Stephen M. Bainbridge

William D. Warren Distinguished Professor of Law, UCLA School of Law

I. Introduction

Article

Volume 2.1

The (Mis)uses of the S&P 500

Adriana Z. Robertson

Donald N. Pritzker Professor of Business Law, University of Chicago Law School. arobertson@uchicago.edu

This article was originally drafted in 2018. While the arguments remain equally relevant today, the data and analysis date to that time. I would like to thank Pat Akey, Benjamin Alarie, Anita Anand, Oren Bar-Gill, William Birdthistle, Bernie Black, Vincent Buccola, Ignacio Cofone, Mary Condon, Peter Cziraki, Jared Ellias, Jeff Gordon, Andrew Green, Will Goetzmann, Jill Fisch, Gillian Hadfield, Jim Hines, Richard Hynes, Joshua Mitts, Ed Morrison, Roger Myerson, Anthony Niblett, Shu-Yi Oei, Omer Pelled, Roberta Romano, Sarath Sanga, Holger Spamann, Michael Trebilcock, Andrew Verstein, Albert Yoon, an anonymous referee, and the editors of the University of Chicago Business Law Review, as well as seminar participants at the Canadian Economics Association annual meeting, the Conference on Empirical Legal Studies, DiTella University, Northwestern University Pritzker School of Law, the Purdy Crawford Emerging Business Law Scholars Workshop, the STILE Law & Economics Workshop, the University of Chicago Law School, the University of Pennsylvania Carey Law School, the University of Southern California Gould School of Law, and the University of Toronto Faculty of Law. Financial support from the Tory Fund and the Connaught New Researcher Award are gratefully acknowledged. Alvin Yau provided exceptional research assistance. All remaining errors and shortcomings are my own.

I. Introduction

The S&P 500 Index 1

Article

Volume 2.1

Banking on the Edge

Graham S. Steele

Assistant Secretary for Financial Institutions, U.S. Department of the Treasury, and former Minority Chief Counsel, U.S. Senate Committee on Banking, Housing, and Urban Affairs

The author’s professional affiliation is provided for identification purposes only. The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency of the U.S. government. The author is grateful to Jeremy Kress, Patricia McCoy, Arthur E. Wilmarth, Jr., Heidi Mandanis Schooner, Saule Omarova, Thomas Hoenig, and Anat Admati for their insightful comments and feedback. Most importantly, great thanks to the talented staff of the University of Chicago Business Law Review for their hard work and substantial improvements to this Article.

I. Introduction

Article

Volume 2.1

Unplugging Heartbeat Trades and Reforming the Taxation of ETFs

Jeffrey M. Colon

Professor of Law, Fordham University School of Law

I would like to thank Anna Heim and Xinran Hu for their excellent research assistance.

I. Introduction

Comment

Volume 2.1

Material Regulation of Out-of-State Production Processes as Impermissible Extraterritorial Law

Rebecca Zhu

J.D. Candidate 2023, The University of Chicago Law School

Many thanks to the editors and staff of the University of Chicago Business Law Review and to Professor Joan E. Neal for their valuable feedback.

I. Introduction

California Proposition 121

Article

Volume 1.1

ESG and Private Ordering

Michal Barzuza

Professor of Law, University of Virginia School of Law

For useful comments and suggestions we are grateful to Elizabeth Pollman and participants at the University of Chicago Business Law review, inaugural symposium.

Quinn Curtis

Albert Clark Tate, Jr., Professor of Law, University of Virginia School of Law

David H. Webber

Professor of Law and Paul M. Siskind Research Scholar, Boston University School of Law

I. Introduction

Article

Volume 1.1

Competing Views on the Economic Structure of Corporate Law

Lucian A. Bebchuk

James Barr Ames Professor of Law, Economics, and Finance, and Director of the Program on Corporate Governance, Harvard Law School

For disclosure of other affiliations and activities, see http://www.law.harvard.edu/faculty/bebchuk/bio.shtml. I benefitted from discussions with and comments from Scott Hirst, Kobi Kastiel, and participants in the University of Chicago Symposium on the Economic Structure of Corporate Law.

I. Introduction

Article

Volume 1.1

Just Say No? Shareholder Voting on Securities Class Actions

Albert H. Choi

Paul G. Kauper Professor of Law, University of Michigan

Stephen J. Choi

Bernard Petrie Professor of Law and Business, New York University

A.C. Pritchard

Frances and George Skestos Professor of Law, University of Michigan

I. Introduction

Article

Volume 1.1

Hidden History of Securities Damages

Allen Ferrell

Greenfield Professor of Securities Law, Harvard Law School; PhD

I. Introduction

Article

Volume 1.1

Purpose Proposals

Jill E. Fisch

Saul A. Fox Distinguished Professor of Business Law, University of Pennsylvania Law School

I thank participants at the University of Chicago Business Law Review Symposium, the Tulane Corporate and Securities Roundtable and the BYU Winter Deals Conference as well as Rick Alexander, Cathy Hwang, Sanford Lewis, Peter Molk, Alessio Pacces and Harwell Wells for their many helpful comments and suggestions.

I. Introduction

Article

Volume 1.1

Rereading the “One Share, One Vote” Principle: Is It Also a Matter of Competition?

Federico Ghezzi

Full Professor of Corporate and Competition Law at Bocconi University, Milan, Italy

Chiara Mosca

CONSOB Commissioner; Associate Professor of Corporate and Financial Markets Law at Bocconi University, Milan, Italy (on leave)

The opinions expressed in this Article are the sole responsibility of the author and should not be taken to represent an official position of the institution in which she serves.

Maria Lucia Passador

Academic Fellow in Corporate and Financial Markets Law at Bocconi University, Milan, Italy

I. Introduction

Article

Volume 1.1

The New Corporate Governance

Oliver Hart

Harvard University

We are grateful to Lucian Bebchuk, Ronald Gilson, Bernard Sharfman, Robert Sitkoff, Holger Spamann, David H. Webber, and participants at the University of Chicago Business Law Review Symposium for helpful discussions and feedback. We thank Jack Li for excellent research assistance. Oliver Hart gratefully acknowledges financial support from the Harvard-Radcliffe Institute. Luigi Zingales gratefully acknowledges financial support from Stigler Center at the University of Chicago.

Luigi Zingales

University of Chicago